Property investors have seen a 2.02% gain in GRIFFITH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GRIFFITH, 2680 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $327,500
Profits averaged 7.1% per annum over a 3-year period, due to an upward trend in home prices in GRIFFITH, 2680.
This means, real estate investors could earn a rental income of $335 based on current median home prices for the suburb.
The gross rental yield in GRIFFITH, 2680 is 5.32%.
An average of 26.67 real estate transactions take place per month in GRIFFITH which translates to 320 per annum.
Property investments in GRIFFITH fare well against the rest of the country last year, registering a median home price increase of 12.64%.
Figures from the previous quarter show that capital gains for real estate buyers in GRIFFITH are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In GRIFFITH, homes and units usually stay on listing for an average of 0.0 days.
the NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $245,000
Investors saw the median home price rise to $245,000.
GRIFFITH ranks 24th on the list of best yielding suburbs for rental properties in NSW, posting a 6.37% return.
If the capital assets are not permitted...
Yet again a state (nee liberal)...
What is short term letting - less than a...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal